Labor Market Recap: The Risks are Shifting
The labor market is really softening now.
Wages
47 postsLabor Market Recap September 2023: The Fed Should be Done Cooling the Labor Market
The September 2023 labor market data continued to show a strong labor market. The headline unemployment rate remained steady at 3.8%, and the establishment survey showed an...
Revision Whiplash: Why Coverage of Nonfarm Payroll Growth Is Messy, And How To Track Underlying Growth Better
Summary The main purpose of real-time macroeconomic data releases is to track the evolution in the underlying growth rate of economic activity. The precise levels of employment, wages,...
Labor Market Recap August 2023: How Much Slowing is Left?
The August 2023 labor market data points to a labor market that, while strong and not recessionary, is certainly slowing down more starkly than earlier this year. The...
